Market News
Global Home-Shopping Market: Key Developments
- In January 2020, Amazon partnered with India’s second-largest retail chai company, Future Retail.
- In June 2017, Amazon acquired the grocery store chain, Whole Food.
- In October 2020, Amazon expanded its network in India with 10 new fulfillment centers, 5 new sortation centers, nearly 200 delivery stations, and over 100,000 seasonal jobs to meet customers’ demands.
- In September 2020, Amazon expanded its operations in Singapore. This online retail is scooping up 90,000 additional square feet of office space in Singapore.
- In December 2020, The VGL GROUP OF COMPANIES expanded its presence in third-party marketplaces by listing products on Amazon, eBay, and Walmart in Canada. The company partnered with DHL to fulfil timely deliveries of products in the Canadian market.
- In January 2021, The VGL GROUP OF COMPANIES manufacturing unit at the certification under the LEED v4 Building Operations and Maintenance.
- In April 2018, 2018, QVC acquired HSN Inc., through a USD 201 billion deal. This acquisition resulted in the creation of the third-largest e-commerce company in the United States, after Amazon and Walmart.
- In October 2020, LG launched its Shop Time app, with QVC and HSN. Users can purchase directly from retailers, like QVC and HSN, through the app.